WHEAT UK wheat prices bounce London wheat futures, together with French wheat futures, fell to new contract lows early this week under the weight of high yielding crops. However, the UK market subsequently enjoyed a £5 per tonne rally and moved higher by an unexpected wave of short covering. London futures were technically oversold and UK wheat was...

Whilst the combines have been rolling, I have been speaking to an increasing number of customers and advisers who are looking to prepare for 2020 harvest crops. A common topic often covered is liming policy and the challenges associated with planning and prioritising applications. We have previously posted about the benefits of correcting soil pH a...

WHEAT UK wheat harvest progress As the UK wheat harvest progressed rapidly this week and pushed through 80% complete, the Agriculture and Horticulture Development Board (AHDB) estimated production might breach 16 million tonnes, the highest since 2015. They report yields of 8.8 to 9 tonnes per hectare which is 6 to 8% above average. However, with f...

WHEAT Wheat prices continue to fall US, French and UK wheat futures fell further this week, with all markets hitting new contract lows. Following numerous spells of inclement weather in recent weeks hampering the wheat harvest, much of the UK has been more settled in recent days. This has allowed combining to progress rapidly and, fortunately, nota...

Using satellites to get a different perspective of your farm really can open up a wealth of opportunities. Of course, we all know that satellite imagery isn't a new thing – people have been using it to take images of crops since 1995. However, the accuracy, resolution, frequency and our overall understanding of the technology has drastically improv...

WHEAT Heavy UK wheat crop weighs on prices London wheat futures fell to new contract lows this week as our market tried to find demand. Yields for most of the UK wheat crops harvested so far have been significantly higher than most expected, above the five year average, which points towards a sizeable exportable surplus. Recent sterling weakness ha...

​ Markets fall following USDA corn and wheat predictions Another USDA report has been and gone without providing any fodder for the bulls. Instead, the report shocked the market by increasing the US corn and wheat output and markets tumbled to lower limits by close of play on Monday. The biggest surprises were the acreage and yields for corn. The a...

WHEAT A good start to harvest Dry weather for most of the week led to good harvest progress being made into quality wheat in the southern and eastern counties. However, this has now stalled as low pressure weather systems take charge for the weekend. Data is limited at this point but high yields are a significant feature so far in this season's cam...

Last harvest, the prolonged hot weather greatly affected grass growth across the UK and caused a shortage of silage for many livestock farmers. To help meet demand, the majority of growers were baling their straw after harvest but, as explained in my blog at the time , this led to many questions about the impact on nutrient off take.  This yea...

WHEAT UK reliant on export bids This week's market movements clearly highlighted the importance of exports for supporting new crop wheat prices. Huge devaluation of the pound this week saw the currency trade at a two-year low against the US dollar and euro, pushing the UK towards export parity. The result of this meant futures and physical prices r...

Harvest halted by poor weather as markets react to fluctuating currency With the UK wheat harvest underway, our domestic market this week has been dominated by sterling volatility and patchy weather. At the weekend, the new UK Prime Minister signalled the real possibility of a no-deal Brexit which rattled currency markets and caused sterling to dro...

WHEAT Improving French wheat crop prospects Record breaking high temperatures during June were thought to have been damaging for wheat crops across Europe and some analysts have now cut their estimates accordingly. Leading European analysts, Strategie Grains, reported in July that they cut the 2019 EU-28 soft wheat harvest by 2.2 million tonnes to ...

Harvest is the stage of the farming calendar that poses the most risk for arable businesses. From keeping everyone safe on a busy farm to getting your crops into the store in the right condition; attention to detail is key. There's no doubt that the ease in which a grain sampler can turn up on farm during harvest, take a sample from your heap using...

WHEAT ·          Harvestpressure caps prices The Northern Hemisphere wheat harvest is well underway withFrance now as far as 50% complete; poor demand remains a theme. As a result,European markets traded steadily lower as the week progressed, with LIFFENovember futures losing almost £1/t per day. The week beg...

With combines already rolling in some areas, conversations across offices, farms, agricultural shows and pubs are ramping up about the yield potential of this year's crop. Harvest conversations between farmers, traders and others always interest me; watching the usual attempts to outdo each other is always an interesting sport. But as someone with ...

WHEAT Expectations for a reduced Russian wheat crop gather momentum Upbeat crop estimates made earlier this year by many analysts estimated that the global wheat power-house, Russia would produce up to 85 million tonnes of wheat this coming harvest, adding bearish weight to markets. However, prolonged dry weather and heat during the spring and earl...

WHEAT Market prices Markets have fallen considerably this week with most business concluded for old crop wheat. However, supplies continued to come forward, knocking farm gate prices by £4 to £6/t for old crop during the week. New crop markets are solely focussed on weather and with parts of the European harvest now underway, eyes will turn to the ...

WHEAT US corn takes a back seat as markets are affected by EU heat wave Global grain markets have recently been underpinned by the disastrous US corn planting and there will remain an air of uncertainty until crops are harvested in the autumn. However, this week wheat markets were supported by factors closer to home as temperatures soared across we...

In my role, I often get asked which events we'll be attending and where customers can catch up with us over the coming months. Our local SOYL colleagues regularly attend and host events up and down the country, sharing expertise and helping customers to make the most of every hectare. Events are a key element of our agricultural calendar and someth...

WHEAT UK wheat trades lower Futures and physical prices lost around £5-£7 this week in the UK. For now, the rains have subsided and a warm, sunny weekend is forecast which is good news for developing wheat crops. Domestic consumers are fairly relaxed as crops with huge potential look set to yield well should the sunshine continue. The same is ...